Gerdau (GGB) Expected to Announce Earnings on Thursday

Gerdau (NYSE:GGB - Get Free Report) is expected to post its Q2 2025 quarterly earnings results after the market closes on Thursday, July 31st. Analysts expect Gerdau to post earnings of $0.11 per share and revenue of $3.22 billion for the quarter.

Gerdau Stock Down 1.5%

NYSE:GGB traded down $0.05 during mid-day trading on Friday, hitting $3.06. 5,797,057 shares of the company's stock were exchanged, compared to its average volume of 13,605,787. Gerdau has a one year low of $2.27 and a one year high of $3.62. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.64 and a quick ratio of 1.28. The business has a fifty day moving average price of $2.93 and a 200 day moving average price of $2.85. The company has a market cap of $6.35 billion, a PE ratio of 10.53, a P/E/G ratio of 1.32 and a beta of 1.38.

Gerdau Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, May 27th. Investors of record on Tuesday, May 13th were paid a dividend of $0.0188 per share. The ex-dividend date of this dividend was Monday, May 12th. This represents a yield of 2.95%. This is a positive change from Gerdau's previous dividend of $0.00. Gerdau's payout ratio is presently 27.59%.

Analyst Ratings Changes

Several research analysts have recently issued reports on GGB shares. UBS Group upgraded shares of Gerdau from a "neutral" rating to a "buy" rating and upped their target price for the stock from $2.90 to $3.80 in a research note on Monday, June 9th. Bank of America reaffirmed a "neutral" rating on shares of Gerdau in a report on Monday, April 7th.

Hedge Funds Weigh In On Gerdau

A number of hedge funds and other institutional investors have recently modified their holdings of GGB. Millennium Management LLC lifted its position in Gerdau by 54.6% during the first quarter. Millennium Management LLC now owns 4,363,764 shares of the basic materials company's stock valued at $12,393,000 after purchasing an additional 1,541,311 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Gerdau by 821.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,344,175 shares of the basic materials company's stock worth $6,657,000 after acquiring an additional 2,089,675 shares during the last quarter. Finally, AQR Capital Management LLC lifted its holdings in shares of Gerdau by 65.9% in the 1st quarter. AQR Capital Management LLC now owns 582,949 shares of the basic materials company's stock worth $1,656,000 after acquiring an additional 231,588 shares during the last quarter. Institutional investors own 1.49% of the company's stock.

Gerdau Company Profile

Gerdau SA, together with its subsidiaries, operates as a steel producer company. The company operates through Brazil Business, North America Business, South America Business, and Special Steel Business segments. It also provides semi-finished products, including billets, blooms, and slabs; common long rolled products, such as rebars, wire rods, merchant bars, light shapes, and profiles to the construction and manufacturing industries; drawn products comprising barbed and barbless fence wires, galvanized wires, fences, concrete reinforcing wire mesh, nails, and clamps for manufacturing, construction, and agricultural industries; and special steel products used in auto parts, light and heavy vehicles, and agricultural machinery, as well as in the oil and gas, wind energy, machinery and equipment, mining and rail, and other markets.